Results are reported on a consolidated basis and include the partial
quarter financial effect of Network Equipment Technologies, Inc.
(“NET”), an acquisition which closed on August 24, 2012. A table
providing stand-alone Sonus and stand-alone NET results is provided in
the supplementary financial data on the IR page of the Company’s website.

Third Quarter Consolidated 2012 Highlights (including NET)

Total revenue was $57.0 million.

Total SBC revenue, including maintenance and services, was $25.4
million, compared to $19.1 million in the second quarter of 2012 and
$13.9 million in the third quarter of 2011.

SBC product revenue was $20.4 million, compared to $13.5 million in
the second quarter of 2012 and $10.4 million in the third quarter of
2011.

SBC product revenue was a record 61% of total product revenue.

Won 40 new customers in the quarter, 11 for Sonus and 29 for NET
(post-acquisition).

Sonus SBC 5100 and Sonus SBC 5200 Certified in Microsoft's Unified
Communications Open Interoperability Program for Microsoft Lync Server
2010; together with Sonus SBC 1000 and Sonus SBC 2000 represents the
largest portfolio of MS Lync certified SBCs on the market.

Revenue for the third quarter of fiscal 2012 was $57.0 million, compared
to $57.6 million in the second quarter of fiscal 2012 and $66.4 million
in the third quarter of fiscal 2011. The GAAP net loss for the third
quarter of fiscal 2012 was $15.6 million, or $0.06 per share, compared
to a GAAP net loss of $11.7 million, or $0.04 per share, in the second
quarter of 2012 and GAAP net income of $1.9 million, or $0.01 per
diluted share, in the third quarter of fiscal 2011. The non-GAAP net
loss for the third quarter of fiscal 2012 was $6.3 million, or $0.02 per
share, compared to a non-GAAP net loss of $8.6 million, or $0.03 per
share, in the second quarter of fiscal 2012 and non-GAAP net income of
$4.1 million, or $0.01 per diluted share, in the third quarter of fiscal
2011.

2012 Fourth Quarter and Full Year Outlook

The Company’s outlook is based on current indications for its business,
which may change during the current quarter. All figures are non-GAAP
and include the partial quarter effect of NET in the third quarter of
2012 and the anticipated full quarter effect of NET in the fourth
quarter of 2012. A reconciliation of the non-GAAP to GAAP outlook and a
statement on the use of non-GAAP financial measures are included at the
end of this press release.

Fourth Quarter 2012

Current Guidance

Total Revenue

$77 to $81 million

SBC Total Revenue

$25 to $26 million

SBC Product Revenue

$21 to $22 million

NET Total Revenue (incl. in Total Revenue)

NET SBC Total Revenue (incl. in SBC Total Revenue)

$10 million

$4 million

Gross Margin

58%

Operating Expenses

$44 to $45 million

Diluted EPS

$0.00 to $0.01

Cash & Investments

$270 million

Diluted shares

282 million

Full Year 2012

Current Guidance

Total Revenue

$256 to $260 million

SBC Total Revenue

$87 to $88 million

SBC Product Revenue

$68 to $69 million

NET Total Revenue (incl. in Total Revenue)

NET SBC Total Revenue (incl. in SBC Total Revenue)

$17 million

$6 million

Gross Margin

60%

Operating Expenses

$170 to $171 million

Basic EPS

$(0.06) to $(0.07)

Cash & Investments

$270 million

Diluted shares

280 million

Restructuring

In August 2012, the Company initiated a plan to streamline operations
and reduce operating costs, including a corporate-wide restructuring
plan. In the third quarter of fiscal 2012 the Company recorded
restructuring expenses of $2.0 million for severance and related
expenses and the consolidation of its France offices. The Company
expects to record additional restructuring expenses of $6.0 million in
the fourth quarter of fiscal 2012, comprised of approximately $5 million
for facility-related charges and $1 million for severance and other
related charges.

Quote

“Sonus proved this quarter that our SBC growth engine is continuing to
grow faster than the market. We continue to compete very effectively and
grow our market share,” said Ray Dolan, President and Chief Executive
Officer. “This continued momentum will enable us to more rapidly
transition our business from legacy Media Gateway toward a profitable
SBC growth company.”

A telephone playback of the call will be available shortly following the
conference call until November 21, 2012 and can be accessed by calling
800 633 8284 or +1 402 977 9140 for international callers. The
reservation number for the replay is 21606654. A webcast replay of the
conference call will also be available shortly following the conference
call on the Company’s Investor Relations Web site in the Events &
Presentations – Archived Events section.

Accounting Period:

As of the beginning of fiscal 2012, the Company began reporting its
first, second and third quarters on a 4-4-5 basis, with the quarter
ending on the Friday closest to the last day of each third month. The
Company's fiscal year-end is December 31.

Sonus helps the world's leading communications service providers and
enterprises embrace the next generation of SIP-based solutions including
VoIP, video and Unified Communications through secure, reliable and
scalable IP networks. With customers around the globe and 15 years of
experience transforming networks to IP, Sonus has enabled service
providers to capture and retain users and both service providers and
enterprises to generate significant ROI. Sonus products include session
border controllers, policy/routing servers, subscriber feature servers
and media and signaling gateways. Sonus products are supported by a
global services team with experience in design, deployment and
maintenance of some of the world's largest and most complex IP networks.
For more information, visit www.sonus.net
or call 1-855-GO-SONUS.

Important Information Regarding Forward-Looking Statements

The information in this release contains “forward-looking statements”
within the meaning of the U.S. Private Securities Litigation Reform Act
of 1995, which are subject to a number of risks and uncertainties. All
statements other than statements of historical facts contained in this
report are forward-looking statements. Without limiting the foregoing,
the words “anticipates”, “believes”, “could”, “estimates”, “expects”,
“intends”, “may”, “plans”, “seeks”, “projects” and other similar
language, whether in the negative or affirmative, are intended to
identify forward-looking statements, although not all forward-looking
statements contain these identifying words.

Examples of forward-looking statements include, but are not limited to,
statements regarding the following: plans, objectives, outlook, goals,
strategies, future events or performance, growth in market share,
trends, investments, customer growth, operational performance and costs,
liquidity and financial positions, competition, estimated expenditures
and investments, impacts of laws, rules and regulations, revenues and
earnings, performance and other statements that are other than
statements of historical facts. Forward-looking statements are based on
our current expectations and assumptions regarding our business, the
economy and other future conditions. Because forward-looking statements
relate to the future, they are subject to inherent uncertainties, risks
and changes in circumstances that are difficult to predict. They are
neither statements of historical fact nor guarantees or assurances of
future performance. Our actual results could differ materially from
those anticipated in these forward-looking statements as a result of
various factors, including, but not limited to, the timing of our
recognition of revenues; our ability to recruit and retain key
personnel; difficulties supporting our new strategic focus on channel
sales; difficulties retaining and expanding our customer base;
difficulties leveraging market opportunities; restructuring activities;
our ability to realize benefits from acquisitions (including with
respect to our acquisition of Network Equipment Technologies, Inc.);
litigation; actions taken by significant stockholders; difficulties
providing solutions that meet the needs of customers; market acceptance
of our products and services; rapid technological and market change; our
ability to protect our intellectual property rights; our ability to
maintain partner, reseller, distribution and vendor support and supply
relationships; higher risks in international operations and markets; the
impact of increased competition; currency fluctuations; changes in the
market price of our common stock; and/or failure or circumvention of our
controls and procedures. Important factors that could cause actual
results to differ materially from those in these forward-looking
statements are discussed in Part I, Item 2 "Management's Discussion and
Analysis of Financial Condition and Results of Operations", Part I, Item
3 "Quantitative and Qualitative Disclosures About Market Risk" and Part
II, Item 1A "Risk Factors" in the Company's most recent Quarterly Report
on Form 10-Q. We undertake no obligation to publicly update any
forward-looking statement, whether as a result of new information,
future developments or otherwise, except as may be required by law. We
therefore caution you against relying on any of these forward-looking
statements, which speak only as of the date made.

Sonus is a registered trademark of Sonus Networks, Inc. All other
company and product names may be trademarks of the respective companies
with which they are associated.

Discussion of Non-GAAP Financial Measures

Sonus management uses a number of different financial measures, both
GAAP and non-GAAP, in analyzing and assessing the overall performance of
the business, making operating decisions, planning and forecasting
future periods, and determining payments under compensation programs.
Our annual financial plan is prepared both on a GAAP and non-GAAP basis,
and the non-GAAP annual financial plan is approved by our board of
directors. Continuous budgeting and forecasting for revenue and expenses
are conducted on a consistent non-GAAP basis (in addition to GAAP) and
actual results on a non-GAAP basis are assessed against the annual
financial plan. We consider the use of non-GAAP financial measures
helpful in assessing the core performance of our continuing operations
and liquidity, and when planning and forecasting future periods. By
continuing operations we mean the ongoing results of the business
excluding certain costs, including, but not limited to: stock-based
compensation, amortization of intangible assets, depreciation expense
related to the fair value write-up of acquired property and equipment,
acquisition-related costs and restructuring. We also consider the use of
non-GAAP earnings per share helpful in assessing the organic performance
of the continuing operations of our business. By organic performance we
mean performance as if we had owned an acquired business in the same
period a year ago. While our management uses these non-GAAP financial
measures as a tool to enhance their understanding of certain aspects of
our financial performance, our management does not consider these
measures to be a substitute for, or superior to, GAAP measures. In
addition, our presentations of these measures may not be comparable to
similarly titled measures used by other companies. These non-GAAP
financial measures should not be considered alternatives for, or in
isolation from, the financial information prepared and presented in
accordance with GAAP.

Investors are cautioned that there are material limitations associated
with the use of non-GAAP financial measures as an analytical tool. In
particular, many of the adjustments to Sonus’ financial measures reflect
the exclusion of items that are recurring and will be reflected in our
financial results for the foreseeable future.

Stock-based compensation is different from other forms of compensation,
as it is a non-cash expense. For example, a cash salary generally has a
fixed and unvarying cash cost. In contrast, the expense associated with
an equity-based award is generally unrelated to the amount of cash
ultimately received by the employee, and the cost to us is based on a
stock-based compensation valuation methodology and underlying
assumptions that may vary over time. We believe that excluding non-cash
stock-based compensation expense from our operating results facilitates
the ability of readers of our financial statements to compare our
operating results to our historical results and to other companies in
our industry.

We exclude the amortization of acquired intangible assets from non-GAAP
expense and income measures. These amounts are inconsistent in amount
and frequency and are significantly impacted by the timing and size of
acquisitions. Although we exclude amortization of acquired intangible
assets from our non-GAAP expenses, we believe that it is important for
investors to understand that intangible assets contribute to revenue
generation. We believe that excluding the non-cash amortization of
intangible assets facilitates the comparison of our financial results to
our historical operating results and to other companies in our industry
as if the acquired intangible assets had been developed internally
rather than acquired, and provides meaningful information regarding our
liquidity.

As part of the assessment of the assets acquired and liabilities assumed
in connection with the NET acquisition, we were required to increase the
aggregate fair value of acquired property and equipment by $2.0 million.
The acquired property and equipment is being depreciated over a weighted
average useful life of approximately 2.5 years. We believe that
excluding the incremental depreciation expense resulting from the fair
value write-up of this acquired property and equipment facilitates the
comparison of our operating results to our historical results and to
other companies in our industry.

We consider certain transition, integration and other
acquisition-related costs to be unpredictable and dependent on a
significant number of factors that may be outside of our control. We do
not consider these acquisition-related costs to be related to the
organic continuing operations of the acquired business and accordingly,
we believe they are generally not relevant in assessing or estimating
the long-term performance of the acquired assets. In addition, the size,
complexity and/or volume of an acquisition, which often drives the
magnitude of acquisition-related costs, may not be indicative of such
future costs. By excluding acquisition-related costs from our non-GAAP
measures, management is able to evaluate our ability to utilize our
existing assets and estimate the long-term value that acquired assets
will generate for the Company.

We recorded $2.0 million of restructuring expense in the third quarter
of fiscal 2012 and expect to record approximately $6 million of
restructuring expense in the fourth quarter of fiscal 2012 for
facilities associated with the continuing integration of NET, severance
and related costs. We believe that excluding restructuring expenses
facilitates the comparison of our financial results to our historical
operating results and to other companies in our industry and provides
meaningful information regarding our liquidity.

We believe that providing non-GAAP information to investors, in addition
to the GAAP presentation, will allow investors to view the financial
results in the way management views the operating results. We further
believe that providing this information helps investors to better
understand our financial performance and evaluate the efficacy of the
methodology and information used by our management to evaluate and
measure such performance.

SONUS NETWORKS, INC.

Condensed Consolidated Statements of Operations

(in thousands, except percentages and per share amounts)

(unaudited)

Three months ended

September 28,

June 29,

September 30,

2012

2012

2011

Revenue:

Product

$

33,520

$

32,586

$

41,892

Service

23,529

25,024

24,461

Total revenue

57,049

57,610

66,353

Cost of revenue:

Product

11,768

11,027

11,504

Service

12,839

13,788

12,633

Total cost of revenue

24,607

24,815

24,137

Gross profit

32,442

32,795

42,216

Gross margin:

Product

64.9

%

66.2

%

72.5

%

Service

45.4

%

44.9

%

48.4

%

Total gross margin

56.9

%

56.9

%

63.6

%

Operating expenses:

Research and development

15,612

17,095

16,231

Sales and marketing

17,613

18,141

14,651

General and administrative

7,939

8,384

10,133

Acquisition-related

4,090

967

-

Restructuring

1,992

-

-

Total operating expenses

47,246

44,587

41,015

Income (loss) from operations

(14,804

)

(11,792

)

1,201

Interest income, net

20

222

269

Other expense, net

(2

)

-

-

Income (loss) before income taxes

(14,786

)

(11,570

)

1,470

Income tax (provision) benefit

(833

)

(155

)

439

Net income (loss)

$

(15,619

)

$

(11,725

)

$

1,909

Earnings (loss) per share:

Basic

$

(0.06

)

$

(0.04

)

$

0.01

Diluted

$

(0.06

)

$

(0.04

)

$

0.01

Shares used to compute earnings (loss) per share:

Basic

280,145

279,926

278,721

Diluted

280,145

279,926

279,324

SONUS NETWORKS, INC.

Condensed Consolidated Statements of Operations

(in thousands, except percentages and per share amounts)

(unaudited)

Nine months ended

September 28,

September 30,

2012

2011

Revenue:

Product

$

107,517

$

107,291

Service

71,481

78,133

Total revenue

178,998

185,424

Cost of revenue:

Product

31,988

44,283

Service

40,019

42,364

Total cost of revenue

72,007

86,647

Gross profit

106,991

98,777

Gross margin:

Product

70.2

%

58.7

%

Service

44.0

%

45.8

%

Total gross margin

59.8

%

53.3

%

Operating expenses:

Research and development

51,094

47,026

Sales and marketing

56,339

42,246

General and administrative

25,302

26,526

Acquisition-related

5,057

-

Restructuring

1,992

-

Total operating expenses

139,784

115,798

Loss from operations

(32,793

)

(17,021

)

Interest income, net

457

1,036

Other expense, net

(2

)

-

Loss before income taxes

(32,338

)

(15,985

)

Income tax provision

(1,444

)

(448

)

Net loss

$

(33,782

)

$

(16,433

)

Loss per share:

Basic

$

(0.12

)

$

(0.06

)

Diluted

$

(0.12

)

$

(0.06

)

Shares used to compute loss per share:

Basic

279,854

278,286

Diluted

279,854

278,286

SONUS NETWORKS, INC.

Condensed Consolidated Balance Sheets

(in thousands)

(unaudited)

September 28,

December 31,

2012

2011

Assets

Current assets:

Cash and cash equivalents

$

72,608

$

105,451

Marketable securities

206,614

224,090

Accounts receivable, net

46,638

53,126

Inventory

21,253

15,434

Deferred income taxes

751

486

Other current assets

21,605

12,246

Total current assets

369,469

410,833

Property and equipment, net

25,452

22,084

Intangible assets, net

17,106

1,200

Goodwill

34,563

5,062

Investments

24,058

55,427

Deferred income taxes

1,708

1,137

Other assets

14,464

8,972

$

486,820

$

504,715

Liabilities and stockholders' equity

Current liabilities:

Accounts payable

$

14,114

$

12,754

Accrued expenses

24,313

21,620

Current portion of deferred revenue

32,722

38,565

Current portion of convertible subordinated note

8,120

-

Current portion of other long-term liabilities

1,469

1,275

Total current liabilities

80,738

74,214

Deferred revenue

9,568

11,601

Long-term portion of convertible subordinated note

2,380

-

Other long-term liabilities

3,471

3,599

Total liabilities

96,157

89,414

Commitments and contingencies

Stockholders equity:

Common stock

281

279

Additional paid-in capital

1,319,113

1,309,919

Accumulated deficit

(935,986

)

(902,204

)

Accumulated other comprehensive income

7,255

7,307

Total stockholders' equity

390,663

415,301

$

486,820

$

504,715

SONUS NETWORKS, INC.

Condensed Consolidated Statements of Cash Flows

(in thousands)

(unaudited)

Nine months ended

September 28,

September 30,

2012

2011

Cash flows from operating activities:

Net loss

$

(33,782

)

$

(16,433

)

Adjustments to reconcile net loss to cash flows used in operating
activities:

Depreciation and amortization of property and equipment

9,081

8,721

Amortization of intangible assets

904

300

Stock-based compensation

6,540

6,308

Loss on disposal of property and equipment

23

14

Changes in operating assets and liabilities:

Accounts receivable

13,020

8,762

Inventory

(3,868

)

19,113

Other operating assets

(4,998

)

9,763

Accounts payable

(1,753

)

(7,234

)

Accrued expenses and other long-term liabilities

(3,625

)

(12,046

)

Deferred revenue

(9,624

)

(33,477

)

Net cash used in operating activities

(28,082

)

(16,209

)

Cash flows from investing activities:

Purchases of property and equipment

(7,792

)

(10,962

)

Business acquisition, net of cash acquired

(35,508

)

-

Purchases of marketable securities

(139,917

)

(152,402

)

Sale/maturities of marketable securities

200,380

192,769

Net cash provided by investing activities

17,163

29,405

Cash flows from financing activities:

Proceeds from sale of common stock in connection with employee stock
purchase plan

The following tables provide the details of stock-based compensation
and amortization of intangible assets included in the Company's
Condensed Consolidated Statements of Operations and the line items
in which these amounts are reported.

Three months ended

September 28,

June 29,

September 30,

2012

2012

2011

Stock-based compensation

Cost of revenue - product

$

41

$

36

$

100

Cost of revenue - service

211

209

258

Cost of revenue

252

245

358

Research and development expense

524

633

505

Sales and marketing expense

500

491

408

General and administrative expense

1,124

654

796

Operating expense

2,148

1,778

1,709

Total stock-based compensation

$

2,400

$

2,023

$

2,067

Amortization of intangible assets

Cost of revenue - product

$

428

$

-

$

-

Research and development

100

100

100

Sales and marketing

176

-

-

Operating expense

276

100

100

Total amortization of intangible assets

$

704

$

100

$

100

Nine months ended

September 28,

September 30,

2012

2011

Stock-based compensation

Cost of revenue - product

$

130

$

317

Cost of revenue - service

595

1,032

Cost of revenue

725

1,349

Research and development

1,773

1,565

Sales and marketing

1,458

1,468

General and administrative

2,584

1,926

Operating expense

5,815

4,959

Total stock-based compensation

$

6,540

$

6,308

Amortization of intangible assets

Cost of revenue - product

$

428

$

-

Research and development

300

300

Sales and marketing

176

-

Operating expense

476

300

Total amortization of intangible assets

$

904

$

300

SONUS NETWORKS, INC.

Statement on the Use of Non-GAAP Financial Measures and

Reconciliation of Non-GAAP to GAAP Financial Measures

(unaudited)

To supplement its condensed consolidated financial statements
presented in accordance with accounting principles generally
accepted in the United States ("GAAP"), the Company discloses
certain non-GAAP financial measures, including Gross margin -
product, Gross margin - service, Total gross profit, Total gross
margin, Research and development expense, Sales and marketing
expense, General and administrative expense, Operating expenses,
Income (loss) from operations, Net income (loss), and Income (loss)
per share. These non-GAAP financial measures are not presented in
accordance with, nor are they intended to be a substitute for, GAAP.
In addition, our presentations of these measures may not be
comparable to similarly titled measures used by other companies.
These non-GAAP financial measures should not be considered
alternatives for, or in isolation from, the financial information
prepared and presented in accordance with GAAP.

We use a number of different financial measures, both GAAP and
non-GAAP, in analyzing and assessing the overall performance of our
business, making operating decisions, planning and forecasting
future periods, and determining payments under compensation
programs. We consider the use of these non-GAAP financial measures
helpful in assessing the core performance of our continuing
operations and liquidity, and when planning and forecasting future
periods. We define continuing operations as the ongoing revenues and
expenses of the business, excluding certain items. These excluded
items for the periods presented are stock-based compensation
expense, amortization of intangible assets, depreciation expense
related to the fair value write-up of acquired property and
equipment, acquisition-related costs and restructuring. We do not
include any income tax effect of non-GAAP adjustments as we were
unable to recognize a tax benefit on domestic losses incurred in any
of the periods presented; accordingly, no adjustment to income taxes
for non-GAAP items is required.

Investors are cautioned that there are material limitations
associated with the use of non-GAAP financial measures as an
analytical tool. In particular, many of the adjustments to the
Company's GAAP financial measures reflect the exclusion of items
that are recurring and will be reflected in the Company's financial
results for the foreseeable future.

Stock-Based Compensation

Stock-based compensation is different from other forms of
compensation, as it is a non-cash expense. For example, a cash
salary generally has a fixed and unvarying cash cost. In contrast,
the expense associated with an equity-based award is generally
unrelated to the amount of cash ultimately received by the employee,
and the cost to us is based on a stock-based compensation valuation
methodology and underlying assumptions that may vary over time. We
believe that excluding non-cash stock-based compensation expense
from our operating results facilitates the ability of readers of our
financial statements to compare our operating results to our
historical results and to other companies in our industry.

Amortization of Intangible Assets

On August 24, 2012, we acquired all of the outstanding common stock
of Network Equipment Technologies, Inc. (“NET”) for $41.5 million,
or $1.35 per share of NET common stock. The transaction has been
accounted for as a business combination and the financial results of
NET have been included in our condensed consolidated financial
statements for the period subsequent to its acquisition. As part of
the preliminary purchase price allocation, we recorded $16.8 million
of identifiable intangible assets, comprised of developed
technology, customer relationships, order backlog and internal use
software, and $29.5 million of goodwill. We are amortizing the
identifiable intangible assets in relation to the expected cash
flows from the individual intangible assets over their respective
useful lives, which range from 4 months to 7 years. The amortization
of the developed technology, order backlog and internal use software
intangible assets is being recorded as cost of revenue (product) and
the amortization of the customer relationships is being recorded as
sales and marketing expense.

On January 15, 2010, we entered into an intellectual property asset
purchase and license agreement with Winphoria, Inc. (“Winphoria”)
and Motorola, Inc. (“Motorola”) to purchase certain of Winphoria’s
software code and related patents and to license certain other
intellectual property from Winphoria and Motorola. The purchase
price included an initial payment of $2.0 million and future
potential royalty payments dependent upon future sales of certain of
our products that include the Winphoria technology that was
purchased or licensed. In connection with this transaction we
recorded identifiable intangible assets which we have classified as
developed technology and that are being amortized on a straight-line
basis over five years, the expected useful life of the technology.
The amortization expense for these identifiable intangible assets is
charged to research and development expense.

We believe that excluding the non-cash amortization of intangible
assets facilitates the comparison of our financial results to our
historical operating results and to other companies in our industry,
and provides meaningful information regarding our liquidity.

As part of the assessment of the assets acquired and liabilities
assumed in connection with the NET acquisition, we were required to
increase the aggregate fair value of acquired property and equipment
by $2.0 million. The acquired property and equipment is being
depreciated over a weighted average useful life of approximately 2.5
years. We believe that excluding the incremental depreciation
expense resulting from the fair value write-up of this acquired
property and equipment facilitates the ability of readers of our
financial statements to compare our operating results to our
historical results and to other companies in our industry.

Acquisition-Related Costs

We consider certain transition, integration and other
acquisition-related costs to be unpredictable and dependent on a
significant number of factors that may be outside of our control. We
do not consider these acquisition-related costs to be related to the
organic continuing operations of the acquired business and
accordingly, we believe they are generally not relevant in assessing
or estimating the long-term performance of the acquired assets. In
addition, the size, complexity and/or volume of an acquisition,
which often drives the magnitude of acquisition-related costs, may
not be indicative of such future costs. By excluding
acquisition-related costs from our non-GAAP measures, management is
able to evaluate our ability to utilize our existing assets and
estimate the long-term value that acquired assets will generate for
the Company.

Restructuring

We recorded $2.0 million of restructuring expense in the third
quarter of fiscal 2012 and expect to record approximately $6 million
of restructuring expense in the fourth quarter of fiscal 2012 for
facilities associated with the continuing integration of NET,
severance and related costs. We believe that excluding restructuring
expenses facilitates the comparison of our financial results to our
historical operating results and to other companies in our industry
and provides meaningful information regarding our liquidity.

Blockchain. A day doesn’t seem to go by without seeing articles and discussions about the technology. According to PwC executive Seamus Cushley, approximately $1.4B has been invested in blockchain just last year. In Gartner’s recent hype cycle for emerging technologies, blockchain is approaching the peak. It is considered by Gartner as one of the ‘Key platform-enabling technologies to track.’ While there is a lot of ‘hype vs reality’ discussions going on, there is no arguing that blockchain is b...

In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settle...

DevOps is under attack because developers don’t want to mess with infrastructure. They will happily own their code into production, but want to use platforms instead of raw automation. That’s changing the landscape that we understand as DevOps with both architecture concepts (CloudNative) and process redefinition (SRE).
Rob Hirschfeld’s recent work in Kubernetes operations has led to the conclusion that containers and related platforms have changed the way we should be thinking about DevOps and...

The need for greater agility and scalability necessitated the digital transformation in the form of following equation: monolithic to microservices to serverless architecture (FaaS). To keep up with the cut-throat competition, the organisations need to update their technology stack to make software development their differentiating factor.
Thus microservices architecture emerged as a potential method to provide development teams with greater flexibility and other advantages, such as the abili...

Product connectivity goes hand and hand these days with increased use of personal data. New IoT devices are becoming more personalized than ever before.
In his session at 22nd Cloud Expo | DXWorld Expo, Nicolas Fierro, CEO of MIMIR Blockchain Solutions, will discuss how in order to protect your data and privacy, IoT applications need to embrace Blockchain technology for a new level of product security never before seen - or needed.

Leading companies, from the Global Fortune 500 to the smallest companies, are adopting hybrid cloud as the path to business advantage. Hybrid cloud depends on cloud services and on-premises infrastructure working in unison. Successful implementations require new levels of data mobility, enabled by an automated and seamless flow across on-premises and cloud resources. In his general session at 21st Cloud Expo, Greg Tevis, an IBM Storage Software Technical Strategist and Customer Solution Architec...

Coca-Cola’s Google powered digital signage system lays the groundwork for a more valuable connection between Coke and its customers. Digital signs pair software with high-resolution displays so that a message can be changed instantly based on what the operator wants to communicate or sell. In their Day 3 Keynote at 21st Cloud Expo, Greg Chambers, Global Group Director, Digital Innovation, Coca-Cola, and Vidya Nagarajan, a Senior Product Manager at Google, discussed how from store operations and ...

"As we've gone out into the public cloud we've seen that over time we may have lost a few things - we've lost control, we've given up cost to a certain extent, and then security, flexibility," explained Steve Conner, VP of Sales at Cloudistics,in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.

Blockchain is a shared, secure record of exchange that establishes trust, accountability and transparency across business networks. Supported by the Linux Foundation's open source, open-standards based Hyperledger Project, Blockchain has the potential to improve regulatory compliance, reduce cost as well as advance trade. Are you curious about how Blockchain is built for business? In her session at 21st Cloud Expo, René Bostic, Technical VP of the IBM Cloud Unit in North America, discussed the b...

The use of containers by developers -- and now increasingly IT operators -- has grown from infatuation to deep and abiding love. But as with any long-term affair, the honeymoon soon leads to needing to live well together ... and maybe even getting some relationship help along the way. And so it goes with container orchestration and automation solutions, which are rapidly emerging as the means to maintain the bliss between rapid container adoption and broad container use among multiple cloud host...

In his session at 21st Cloud Expo, Michael Burley, a Senior Business Development Executive in IT Services at NetApp, described how NetApp designed a three-year program of work to migrate 25PB of a major telco's enterprise data to a new STaaS platform, and then secured a long-term contract to manage and operate the platform.
This significant program blended the best of NetApp’s solutions and services capabilities to enable this telco’s successful adoption of private cloud storage and launching ...

You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.

Imagine if you will, a retail floor so densely packed with sensors that they can pick up the movements of insects scurrying across a store aisle. Or a component of a piece of factory equipment so well-instrumented that its digital twin provides resolution down to the micrometer.

"Since we launched LinuxONE we learned a lot from our customers. More than anything what they responded to were some very unique security capabilities that we have," explained Mark Figley, Director of LinuxONE Offerings at IBM, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.

Is advanced scheduling in Kubernetes achievable?Yes, however, how do you properly accommodate every real-life scenario that a Kubernetes user might encounter? How do you leverage advanced scheduling techniques to shape and describe each scenario in easy-to-use rules and configurations? In his session at @DevOpsSummit at 21st Cloud Expo, Oleg Chunikhin, CTO at Kublr, answered these questions and demonstrated techniques for implementing advanced scheduling. For example, using spot instances and co...

Blockchain. A day doesn’t seem to go by without seeing articles and discussions about the technology. According to PwC executive Seamus Cushley, approximately $1.4B has been invested in blockchain just last year. In Gartner’s recent hype cycle for emerging technologies, blockchain is approaching the peak. It is considered by Gartner as one of the ‘Key platform-enabling technologies to track.’ Whil...

The nature of test environments is inherently temporary—you set up an environment, run through an automated test suite, and then tear down the environment. If you can reduce the cycle time for this process down to hours or minutes, then you may be able to cut your test environment budgets considerably.
The impact of cloud adoption on test environments is a valuable advancement in both cost saving...

In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment b...

DevOps is under attack because developers don’t want to mess with infrastructure. They will happily own their code into production, but want to use platforms instead of raw automation. That’s changing the landscape that we understand as DevOps with both architecture concepts (CloudNative) and process redefinition (SRE).
Rob Hirschfeld’s recent work in Kubernetes operations has led to the conclusi...

Decentralization of everything, the great new idea of which the web can’t stop babbling, might still seem a bit utopian if you inspect it closely.
Yes, blockchains are likely to reshape our economy, or a huge part of it, and benefit considerably those who are currently unbanked.
They might also facilitate the creation of rating/reputation systems that are not controlled by any single entity and ...

The need for greater agility and scalability necessitated the digital transformation in the form of following equation: monolithic to microservices to serverless architecture (FaaS). To keep up with the cut-throat competition, the organisations need to update their technology stack to make software development their differentiating factor.
Thus microservices architecture emerged as a potential ...

Product connectivity goes hand and hand these days with increased use of personal data. New IoT devices are becoming more personalized than ever before.
In his session at 22nd Cloud Expo | DXWorld Expo, Nicolas Fierro, CEO of MIMIR Blockchain Solutions, will discuss how in order to protect your data and privacy, IoT applications need to embrace Blockchain technology for a new level of product se...

Leading companies, from the Global Fortune 500 to the smallest companies, are adopting hybrid cloud as the path to business advantage. Hybrid cloud depends on cloud services and on-premises infrastructure working in unison. Successful implementations require new levels of data mobility, enabled by an automated and seamless flow across on-premises and cloud resources. In his general session at 21st...

Coca-Cola’s Google powered digital signage system lays the groundwork for a more valuable connection between Coke and its customers. Digital signs pair software with high-resolution displays so that a message can be changed instantly based on what the operator wants to communicate or sell. In their Day 3 Keynote at 21st Cloud Expo, Greg Chambers, Global Group Director, Digital Innovation, Coca-Col...

"As we've gone out into the public cloud we've seen that over time we may have lost a few things - we've lost control, we've given up cost to a certain extent, and then security, flexibility," explained Steve Conner, VP of Sales at Cloudistics,in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.

Development cycles are being squeezed into tighter timeframes than ever before - days, hours and even minutes. Organizations that fail to keep up will find themselves behind and struggling to keep pace. However, DevOps isn’t the hurdle that it may initially seem, and if an organization develops a proper strategy the obstacles to adopting DevOps can be successfully overcome.

Blockchain is a shared, secure record of exchange that establishes trust, accountability and transparency across business networks. Supported by the Linux Foundation's open source, open-standards based Hyperledger Project, Blockchain has the potential to improve regulatory compliance, reduce cost as well as advance trade. Are you curious about how Blockchain is built for business? In her session a...

The cloud provides two major advantages to load and performance procedures that help testing teams better model realistic behavior: instant infrastructure and geographic location. Cloud-based load testing also lowers the total cost of ownership, increases flexibility and allows testers to understand the impact of third-party components. So you’re sold on using the cloud; here’s what you should loo...

The use of containers by developers -- and now increasingly IT operators -- has grown from infatuation to deep and abiding love. But as with any long-term affair, the honeymoon soon leads to needing to live well together ... and maybe even getting some relationship help along the way. And so it goes with container orchestration and automation solutions, which are rapidly emerging as the means to m...

Bitcoins are a digital cryptocurrency and have been around since 2009. As a substitute for legal tender, they are becoming the rage for investors and others but because there is no government agency auditing or performing regulatory oversights, you wonder if it is the perfect breeding ground for electronic nano crime. Since the introduction of the Bitcoin, some competitors have emerged and the who...

From manual human effort the world is slowly paving its way to a new space where most process are getting replaced with tools and systems to improve efficiency and bring down operational costs. Automation is the next big thing and low code platforms are fueling it in a significant way.
The Automation era is here. We are in the fast pace of replacing manual human efforts with machines and process...

You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged in...

Making informed network investment decisions about emerging technologies such as network function virtualization (NFV) and software-defined networking (SDN) can help evolve the network to keep pace with the innovations of the devices and people it’s connecting. As you work with business leaders to make decisions about upgrading your infrastructure with these networking developments, it’s important...

Imagine if you will, a retail floor so densely packed with sensors that they can pick up the movements of insects scurrying across a store aisle. Or a component of a piece of factory equipment so well-instrumented that its digital twin provides resolution down to the micrometer.

Is advanced scheduling in Kubernetes achievable?Yes, however, how do you properly accommodate every real-life scenario that a Kubernetes user might encounter? How do you leverage advanced scheduling techniques to shape and describe each scenario in easy-to-use rules and configurations? In his session at @DevOpsSummit at 21st Cloud Expo, Oleg Chunikhin, CTO at Kublr, answered these questions and de...

Cloud computing budgets worldwide are reaching into the hundreds of billions of dollars, and no organization can survive long without some sort of cloud migration strategy. Each month brings new announcements, use cases, and success stories.